Authorized capital of South Ural Mortgage Lending Agency to go up by 500m RUR

20 November 2006 (12:49)

The authorized capital of South Ural Mortgage Lending Agency is expected to go up by 500m RUR, according to the decision made at Chelyabinsk Region Government meeting today.

As First Deputy Governor Vladimir Dyatlov explains, the performance of the agency is a crucial factor in stabilizing the real estate market in some cities and areas of the Region. Raising their authorized capital will make it possible to build up the agency’s area of operation up to 31 regional municipal districts, instead of the current 21 districts.


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